Taxation Ruling

IT 2265W - Notice of Withdrawal

Income tax: donations of policies of life insurance

• Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Taxation Ruling IT 2265 is withdrawn with effect from today.

1. Taxation Ruling IT 2265 sets out the circumstances in which donations of life insurance policies to charitable institutions and the subsequent payments of premiums thereon qualify as income tax deductions for gifts.

2. The arrangements dealt with in IT 2265 are now covered by TR 2005/13, which issued today.

Commissioner of Taxation
20 July 2005

References

ATO references:
NO 2003/11684

Related Rulings/Determinations:

IT 2265